AQUAMORE JOINS PURPLE CIRCLE PANEL

Leading private lender, Aquamore, today announces its appointment to the Purple Circle panel of approved
lenders. Aquamore’s addition will support the Group in providing bespoke short-term commercial finance
facilities to businesses suited to larger-ticket alternative funding solutions.

“It is essential that we partner with innovative providers who offer a wide range of products and services to suit
the everchanging lending landscape. Private commercial lenders form a significant part of being able to
respond to current and emerging funding requirements – especially with higher amount transactions,” said Mr.
Frank Paratore, Director, Purple Circle Financial Services.

“After detailed broker member collaboration, Purple Circle Financial Services is pleased to announce its
partnership with Aquamore to extend the Group’s commercial finance portfolio, which further ensures our
brokers remain equipped for diversity and in a position to harness market change,” Mr. Paratore continued.

“We’re thrilled to be able to collaborate with the Purple Circle network, and support brokers with access to
tailored commercial finance facilities,” said Mr. Matthew Porch, Head of Distribution, Aquamore.

“Our addition is particularly timely as it coincides with the completion of a successful capital raise that has
enabled the increased loan size to $7.5 million, which is being extremely well received by businesses seeking
funding to consolidate debt or make substantial investments. In particular, the increase supports the growing
number of SMEs seeking to purchase a commercial property as part of their SMSF strategy,” Mr. Porch further
commented.

“Private lending continues to be in demand to offset the restricted credit appetite from traditional, and
increasingly non-bank lenders. Aquamore considers every deal holistically on a case-by-case basis, applying
a judgemental credit approach versus being policy-based with strict credit criteria. We expect this to remain a
high priority for ‘top end of town’ businesses that require individual solutions for often multifaceted deals,” said
Mr. Porch.

Mr Paratore concurred, stating, “Lending isn’t a one-size-fits-all situation. Clients have different requirements
depending on their circumstances, and we are continuing to provide our members with a diverse panel of
lenders to assist with attending to client's different requirements.”

Aquamore is an established commercial finance private lender. Established in 2016, Aquamore provides
institutionally-backed, property-secured commercial loans (business and property) that are exclusively
available through brokers. The company is renowned for providing competitive, flexible commercial finance
solutions to borrowers with varying credit profiles.

Purple Circle Financial Services is an Australian-owned and operated national boutique aggregation company.
It is the first aggregation company in Australia to offer its brokers equity in the business's overall success,
whilst retaining the services and benefits expected from a market-leading aggregator.